Q.

Aneconomy in which there are no flows of labour, goods or money to and from other nations is a/an -

A. slow economy
B. mixed economy
C. closed economy
D. open economy
Answer» C. closed economy
Explanation: An economy that does not interact with the economy of any other country is known as closed economy. A closed economy is self- sufficient, meaning no imports are brought in and no exports are sent out. It is the opposite of an open economy, in which a country conducts trade with outside regions.
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